Ethereum (ETH) is showing signs of resistance after its recent 1.25% drop, maintaining a price around $2,324.55. While this dip may present a buying opportunity, the market remains cautious, with potential for further consolidation in the short term. On the other hand, $DOGS
, a smaller-cap asset, has taken a steeper hit, falling by over 6%, signaling strong bearish sentiment. It may be wise to avoid aggressive entries until signs of recovery or reversal become clearer.
), currently priced at $131, has also faced a 2.58% decline. While there are concerns of it dropping below key support levels, Solana still enjoys solid social media attention and could rebound if buying pressure increases. However, if the price continues to dip toward the $100 mark, it might trigger further selling.
In this volatile market, it's essential to remain cautious and keep an eye on these support levels while considering possible rebounds if bullish momentum returns.
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